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Investors who purchased shares of Encore Capital Group, Inc. (NASDAQ: ECPG) and currently hold any of those NASDAQ: ECPG shares have certain options and should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
An investigation on behalf of current long-term investors in shares of Encore Capital Group, Inc. (NASDAQ: ECPG) was announced over potential breaches of fiduciary duties by certain officers and directors at Encore Capital Group, Inc.
The investigation by a law firm concerns whether certain Encore Capital Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
San Diego, CA based Encore Capital Group, Inc. Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions and other related services for consumers across a range of financial assets worldwide. Encore Capital Group, Inc. reported that its annual Total Revenue rose from over $1.14 billion in 2017 to over $1.32 billion in 2018 and that its Net Income increased from $83.22 million in 2017 to $115.88 million in 2018.
Shares of Encore Capital Group, Inc. (NASDAQ: ECPG) closed on May 23, 2019, at $35.79 per share.
